NRS 226.802 Permissible forms of security for issuance of revenue bonds by Bank.
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NRS 226.802 Permissible forms of security for issuance of revenue bonds by Bank. The Bank may provide security for any issue of revenue bonds by the Bank through any commonly accepted financial instrument, including, without limitation:
1. A deed of trust on the resources, facilities and revenues of one or more qualified projects financed by the Bank;
2. A credit enhancement, including, without limitation, a letter of credit, bond insurance or surety bond provided by a private financial institution; and
3. Insurance, reinsurance or a guarantee provided by the Bank itself.